PM: Financial reform is not just a slogan, but rather a series of measures that the government intends to implement

  • 15-10-2023, 21:48
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    Prime Minister Muhammad Shia Al-Sudani stressed today, Sunday, that financial reform is not just a slogan, while he directed the simplification of all banking procedures.
    Prime Minister’s Media Office said in a statement received by the Iraqi News Agency (INA), that “within the framework of Prime Minister Muhammad Shia Al-Sudani’s follow-up to the plan to implement financial and administrative reforms in the financial and banking sectors, he chaired, this evening, Sunday, a meeting that included the Governor of the Central Bank and the directors of government banks.” In it, the procedures and work mechanisms taken to achieve banking reform were discussed, which is one of the basic steps for financial and economic reform and which the government adopts in its executive program.
    Al-Sudani stressed that "financial reform is not just a slogan, but rather a series of terms and procedures that the government is determined to implement without hesitation, and will face all the challenges and obstacles that hinder the implementation of systematic and thoughtful reform plans."
    Prime Minister directed "to simplify all banking procedures, and to prepare a proposed list of facilities and simplified procedures to be presented within a week, in addition to providing a summary of the obstacles obstructing the banking reform process, and proposing effective and implementable treatments for it, in a way that helps in overcoming the approved traditional contexts, which prevent the achievement the government’s goal of developing this important economic and service sector.”